Greebex (greebex.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: greebex.com.
What really bothers me about Greebex (greebex.com) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them through word of mouth in my investment club and I fell for the polished exterior. Never again.
Pros: Transparent fees|Multi-currency support|Educational resources|Reliable uptime
Cons: Limited social trading features
Do not be fooled by the professional-looking website. Behind the scenes, Greebex (greebex.com) is disorganized and incompetent. I found them through a podcast recommendation and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Regular platform improvements|Reliable uptime|Responsive team
Cons: Account statements could be more detailed
I wanted to transfer my portfolio from another broker to Greebex (greebex.com). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Wide product range|Economic calendar|Demo account available|Social trading features
Cons: Withdrawal takes 1-2 business days|Cannot customize dashboard fully
Greebex (greebex.com) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Smooth onboarding|Multi-currency support
Cons: Nothing significant|Alert system is basic
Where do I even begin with Greebex (greebex.com)? for close to eighteen months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Customizable dashboard|Portfolio tracking tools|Fast support response
Cons: Limited social trading features|Withdrawal takes 1-2 business days
The platform itself is okay, but the customer service at Greebex (greebex.com) is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Regular platform improvements|Easy withdrawals|Fast execution|Dividend tracking
Cons: Limited cryptocurrency options
Greebex (greebex.com) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Good analytical tools|Dedicated account manager|Tax reports included|Smooth onboarding
Cons: Mobile app could be improved|Could offer more webinars
The hidden fees at Greebex (greebex.com) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Fast deposits|Dedicated account manager|Portfolio tracking tools
Cons: Alert system is basic|Wish they had more educational resources
Greebex (greebex.com) locked my account without warning and demanded documents I had already submitted. for roughly four months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Fast support response|Customizable dashboard
Cons: No fractional shares
I signed up with Greebex (greebex.com) from a blog post comparing services and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Low minimum deposit|Instant funding|Multiple order types|Detailed reporting
Cons: Limited social trading features|Could offer more webinars